$1,137,500
SOLD FEB 19, 2025

564 John Wesley Dobbs Ave NE Atlanta, GA 30312

Old Fourth Ward Neighborhood
-- Bed
-- Bath
4,372 Sq Ft
6,120 Sq Ft Lot

Recently Sold

$260 Per Sq Ft

5% Below List Price

86 Days on Market

Highlights

  • City View
  • Property is near public transit
  • Wood Flooring
  • Midtown High School Rated A+
  • Private Lot
  • Double Pane Windows

About This Home

As of February 2025

This legal triplex of mammoth size offers a fantastic investment opportunity in the heart of the Old Fourth Ward. Each of the three units is individually metered for utilities, providing an efficient management setup. The property features private front and back entrances for each apartment, enhancing privacy and convenience for tenants. Located near popular Atlanta destinations like the Beltline, Freedom Parkway, Krog Street Market, and Edgewood Avenue, this property is ideal for residents seeking a vibrant, walkable neighborhood. The property combines old-world charm with modern amenities. It was originally built in 1920, and while it retains many of its historic features—such as exposed brick, heavy millwork, and hardwood floors—it has been upgraded with high-end finishes throughout. The kitchens are outfitted with granite countertops and stainless-steel appliances, while select rooms feature new hardwood floors. The home’s soaring 12-foot ceilings create a spacious, airy feel on both levels. The entire exterior was freshly painted in 2020, adding to its curb appeal, while the back deck was completely reconstructed in 2022 with heavy-duty 2x6 decking construction. The property includes parking for five vehicles in the back, with additional street parking available for guests. The landscaping is easy to maintain, requiring minimal upkeep, with only the front yard needing attention. See the document section for the financial statement and additional property information.

Last Agent to Sell the Property

THE ZAC TEAM

RE/MAX Metro Atlanta Cityside Listed on: 10/18/2024

RE/MAX Metro Atlanta Cityside

Co-Listed By

Ken Kraften

RE/MAX Metro Atlanta Cityside License #322438

Last Buyer's Agent

Karley Wilson

Bolst, Inc. License #412717

Bolst, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,854

Year Built

  • Built in 1920

Lot Details

  • 6,120 Sq Ft Lot
  • Lot Dimensions are 39x155x30x154
  • Private Lot

Home Design

  • Triplex
  • Frame Construction
  • Ridge Vents on the Roof
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Insulated Windows
  • City Views
  • Carbon Monoxide Detectors

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Parking

  • 5 Parking Spaces
  • Varies By Unit
  • Parking Lot

Eco-Friendly Details

  • Energy-Efficient Windows

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near the Beltline

Schools

  • Hope-Hill Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Forced Air Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14 004600061082

Community Details

Overview

  • 3 Units
  • Old Fourth Ward Subdivision

Amenities

  • Restaurant

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,854

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Triplex
  • Property Condition: Resale
  • Year Built: 1920
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Construction Materials: Cement Siding, Frame
  • Roof Type: Composition, Ridge Vents
  • View: City
  • Pool Private: No

Garage/Parking

  • Number Of Parking Spaces: 5
  • Parking Features: Parking Lot, Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air, Electric
  • Heating: Central, Electric, Forced Air
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Beltline, Near Public Transport, Near Schools, Near Shopping, Park, Restaurant, Sidewalks, Street Lights
  • Subdivision Complex: Old Fourth Ward

Fee Information

  • Annual Expenses: 24296

Schools

  • Elementary School: Hope-Hill
  • Middle School: David T Howard
  • High School: Midtown

Lot Info

  • Acres: 0.1405
  • Lot Features: Private
  • Lot Dimensions: 39x155x30x154
  • Parcel Number: 14 004600061082
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows
  • Green Energy Generation: None

Multi Family

  • Unit Count: 3
  • Number Of Units Total: 3

Tax Info

  • Taxes: 21854.00
  • Assessor Parcel Number: 14-0046-0006-108-2
  • Close Date: 2025-02-19
  • Tax Year: 2024

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Hope-Hill
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Feb 19, 2025
Sold by
Fetterman Philip Wayne
Bought by
Forbes Sophie
Seller's Agent
THE ZAC TEAM
RE/MAX Metro Atlanta Cityside
Buyer's Agent
Karley Wilson
Bolst, Inc.
List Price
$1,195,850
Sold Price
$1,137,500
Premium/Discount to List
-$58,350
-4.88%
Total Days on Market
86
Views
238
Current Estimated Value
$1,128,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,378
Avg. Annual Appreciation
-2.87%
Original Mortgage
$310,500
Outstanding Balance
$309,465
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$813,535

Purchase Details

Listed on
Sep 17, 2017
Closed on
Dec 28, 2017
Sold by
Cameron Richard James
Bought by
Fetterman Philip Wayne
Seller's Agent
Dean Rogers
Rogers Realty Consultants, LLC.
Buyer's Agent
Dean Rogers
Rogers Realty Consultants, LLC.
List Price
$859,900
Sold Price
$828,000
Premium/Discount to List
-$31,900
-3.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%

Purchase Details

Closed on
Nov 17, 2011
Sold by
Eakin William C
Bought by
Cameron Richard James

Purchase Details

Closed on
Apr 29, 2008
Sold by
Onward Financial Llc
Bought by
Maddox James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,300
Interest Rate
5.86%

Purchase Details

Closed on
Apr 1, 2008
Sold by
Mulligan Kevin
Bought by
Onward Financial Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,300
Interest Rate
5.86%

Purchase Details

Closed on
Aug 16, 2007
Sold by
Bank Of New York Trust Co Na
Bought by
Mulligan Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
6.65%

Purchase Details

Closed on
Feb 6, 2007
Sold by
Mclean David
Bought by
Bank Of New York Trust Company

Purchase Details

Closed on
May 24, 2001
Sold by
Johnson Tyrone G
Bought by
Mclean David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,400
Interest Rate
7.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 1998
Sold by
Reynolds Ronald C
Bought by
Johnson Tyrone G
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,137,500 --
Warranty Deed $828,000 --
Warranty Deed -- --
Deed $240,000 --
Foreclosure Deed $249,000 --
Deed $256,000 --
Foreclosure Deed $360,000 --
Deed $540,000 --
Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $310,500 New Conventional
Previous Owner $353,300 No Value Available
Previous Owner $249,000 No Value Available
Previous Owner $425,400 New Conventional
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Sold $1,137,500 -4.9% $260 / Sq Ft
01/12/2025 01/12/25 Pending -- -- --
10/18/2024 10/18/24 For Sale $1,195,850 +44.4% $274 / Sq Ft
12/27/2017 12/27/17 Sold $828,000 -3.7% $189 / Sq Ft
11/05/2017 11/05/17 Pending -- -- --
09/17/2017 09/17/17 For Sale $859,900 -- $197 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,024 $608,040 $50,120 $557,920
2023 $17,024 $440,880 $92,760 $348,120
2022 $17,842 $440,880 $92,760 $348,120
2021 $14,227 $351,200 $58,960 $292,240
2020 $12,438 $351,200 $58,960 $292,240
2019 $1,361 $357,200 $58,960 $298,240
2018 $13,712 $331,200 $54,680 $276,520
2017 $7,619 $176,400 $42,160 $134,240
2016 $7,638 $176,400 $42,160 $134,240
2015 $6,509 $176,400 $42,160 $134,240
2014 $7,998 $176,400 $42,160 $134,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7472435

First Multiple Listing Service (FMLS)

APN: 14-0046-0006-108-2